Monthy chart for Gold $/oz is indicating a cup and handle formation and a bull flag. price prediction is $2600-$2700/oz.
Looks like a bull flag forming on Gold. Can be wrong but If price hits $2250 I believe it is not a confirmed bull flag but for now it looks like a bull flag is possibly forming measured move up if it is will be $2785 Target.
Palantir broke out of the bull flag. Retested the top of the flag and now I believe is on its way up in a small broadening wedge which i believe will take it to $30. If this happens I believe $30 will be a resistance to burst through. Eventually reaching my target price of $42. This is a measured move from the bottom of the cup to the top of the cups neck line,...
Bitcoin looks to be in a very bullish pattern that has been forming for the last few years. Additionally with the pattern I see a secondary Bull flag pattern which suggests a minimum price target of $100k possibly by Christmas 2024. This is very similar pattern to the recent Gold pattern I forecasted 1.5 years ago.
Silver is in a possible inverted Head and Shoulders pattern. It is hard to figure out the neck line in this pattern. if this pattern plays out I believe it is a conservative target price for silver. However my next chart will show another neck line which will suggest a higher price for silver.
This looks to be one of the biggest Cup and handle patterns I have ever seen. I need some coffee. Imagine the move on this if this is true.
Self explanatory on the chart. Once price breaks the neck line up then we may see an upward long trend.
Silver is in a falling wedge pattern which can be a bullish signal, I anticipate a reversal to the upside if the price breaks up out of the triangle.
On the monthly chart for Silver which is a very long time frame suggests that an Ascending triangle pattern is forming for Silver. Plus we have a Cup and Handle forming, as well as a bull flag as suggested in my previous pattern recognitions. This suggests a bullish measured move to the upside to $600 an ounce. This pattern is on the monthly chart so I don't see...
My reasoning of why silver will retest the 200 weekly. 1. The Dollar (DXY) is in a downtrend. I believe It is on its way to the 200 weekly moving average but before that happens I believe there will be a small rebound. 2. I believe the DXY is going to have a rebound as the daily RSI is nearly indicating oversold. 3.Silver is in a rising wedge pattern and it is...
Silver broke a massive trend line on the daily today. If we have the daily closing candle close below approx $24.35 today, which is in 5 hrs, I believe we will see more downward trend.
I anticipate Silver to retrace down after the triangle break.
MMM has a Massive Head and shoulders pattern in the works and the next target price is suggested to be $81.
BX is forming a Symmetrical Triangle Pattern from a previous downtrend. Expect the consolidation start to break down between now and by June 16th, 2023.
As the title says, NVIDIA is forming a bullish ascending triangle pattern. If this particular pattern plays out the technical target price is indicated in the chart.
Nvidia has an inverted head and shoulders pattern on the weekly. What do you think about the target price range?
In the weekly chart, a major Cup and Handle pattern has become clearly visible, accompanied by the formation of a Bull Flag. The price has broken out of the flag, indicating that if this trend continues, the chart predicts a measured target price for gold. As an update to my previous analysis of Gold, I remain bullish on both Gold and Silver. Given their inverse...
Watchout! Nvidia is About the break the head and shoulders Neck line, next price target is approx $315.